Polygon zkEVM (MATIC) Token Airdrop: LIVE NOW!

Polygon recently launched its own zkEVM mainnet, and co-founder Sandeep Nailwal hinted on Twitter that there could be a MATIC airdrop for users! In this article, we will briefly explain what Polygon zkEVM is and what you can do to position for a potential airdrop.

Polygon zkEVM Airdrop Step-by-Step Guide

Here’s how to get the Polygon zkEVM Airdrop:

Add Polygon zkEVM to MetaMask

Bridge to Polygon zkEVM

Interact with QuickSwap

See below for more in-depth details!

What is Polygon zkEVM?

Polygon zkEVM is a Layer-2 scaling solution for Ethereum that leverages the scaling power of zero-knowledge proofs while maintaining Ethereum compatibility, similar to zkSync and Linea. Developers and users on Polygon zkEVM can use the same code, tooling, and apps that they use on Ethereum, but with much higher throughput and lower fees. This allows Ethereum-based DApps to scale more efficiently, which is critical for mass adoption of DeFi.

What’s the Difference Between Polygon zkEVM and Polygon?

The original Polygon functions as a sidechain that runs parallel to the Ethereum mainnet, whereas Polygon zkEVM uses a ZK-Rollup architecture that is built on top of Ethereum. The key distinction is that Polygon is EVM compatible but Polygon zkEVM has total EVM equivalence. The latter is focused on being a near-perfect replica of Ethereum’s execution environment, which means it uses ETH instead of MATIC for gas fees.

Is There an Airdrop for Polygon zkEVM?

Yes, it is very likely there will be an airdrop for Polygon zkEVM users. Sandeep Nailwal, co-founder of Polygon, strongly hinted on Twitter that there will be a huge MATIC airdrop for zkEVM users. He also compared the current development of Polygon zkEVM to Arbitrum, which took more than a year to mature. This means that we are currently at the early stage, allowing users plenty of time to perform on-chain activities that would qualify them for the airdrop!

How to Get the Polygon zkEVM Airdrop?

The best way to get the MATIC airdrop is to interact with the Polygon zkEVM mainnet. Here’s a step-by-step guide:

Add Polygon zkEVM to MetaMask

Go to ChainList and add Polygon zkEVM to MetaMask. It is launched on Mainnet Beta, which means you will need ETH for gas fees.

Bridge to Polygon zkEVM

Bridge ETH from Ethereum mainnet to Polygon zkEVM via the Native Bridge. If gas fees are too high, you can also use other third-party bridges recommended by Polygon, such as Orbiter Finance.

Using Orbiter Finance, in particular, refunds 60% to 70% gas fees back to you.

Interact with QuickSwap

For now, QuickSwap is the only active DApp deployed on Polygon zkEVM. You can swap tokens, provide liquidity, and yield farm with LP tokens. It’s worth noting that frequency of smart contract interaction is an important airdrop criterion. Try to perform transactions consistently every week.

Airdrop Review

When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

Likelihood of Airdrop: Although not confirmed, it is very likely there will be a MATIC airdrop for Polygon zkEVM users, according to Sandeep Nailwal.

Airdropped Token Allocation: Nailwal hinted on Twitter that there is “no rule that an existing token can’t do a massive airdrop.”

Airdrop Difficulty: Simply bridge to Polygon zkEVM and interact with QuickSwap. You will need real ETH to perform these tasks.

Token Utility: MATIC is the native token of the Polygon blockchain. Although Polygon zkEVM uses ETH for gas fees, it is likely MATIC will be airdropped as rewards.

Token Lockup: No mentions of token lockup.

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